Page 11 - Coal

India's coal production rises 22.6% in 5 years to 893.08 mn tonnes in FY23

India's coal production has registered a growth of about 23 per cent in last five years to 893.08 million tonnes (MT) in FY23, an official statement said on Wednesday. "India's overall coal production has seen a quantum jump to 893.08 MT in FY 2022-23 as compared to 728.72 MT in FY 2018-2019 with a growth of about 22.6 per cent," the coal ministry said. In the last five years, the production of Coal India Limited (CIL) has increased to 703.21 MT from 606.89 MT in FY19, registering a growth of 15.9 per cent. While Singareni Collieries Company Limited (SCCL) has registered a growth of 4.3 per cent at 67.14 MT in FY23 compared to 64.40 MT in FY19. Contribution from captive and other mines to the total coal output also increased to 122.72 MT in FY23, up 113.7 per cent from 57.43 MT in FY19.

Govt aims for 1 bn coal production, Rs 21,030 cr capex for PSUs in FY24

In a first, the coal ministry has set an ambitious target of 1 billion tonne coal production during 2023-24 under its 'Action Plan' for the sector and a capex target of Rs 21,030 crore for its PSUs. In a statement, the ministry said it has conceptualized the Action Plan for FY24 with the goal of achieving Aatmanirbhar Bharat by enhancing the production, efficiency, sustainability, new technologies etc in the coal sector. "It is an ambitious, well-crafted roadmap that covers a variety of areas including a total coal production target of 1012 MT for 2023-24," it said. The ministry has already taken various steps to increase the coal production and efficiency like mining developers cum operators (MDO) for the operationalization of CIL (Coal India) mines/blocks and production in discontinued/abandoned mines on the revenue sharing basis. The ministry has also formulated a strategy to enhance coking coal availability in the country to reduce imports. Coal companies along with the ministr

Coal ministry aims to produce 1,012 million tonnes of dry fuel in FY24

Coal ministry aims to produce 1,012 million tonnes of dry fuel in the current financial year

India's coal output rises 8.67% YoY to record 73.02 mn tonnes in April

India's coal production rose 8.67 per cent year-on-year to record 73.02 million tonnes in April this year. "India's coal production has made a new record of the highest production during the month of April 2023, achieving 73.02 million tonnes (MT) of coal with a growth of 8.67 per cent as compared to 67.20 MT during April 2022," a coal ministry statement said. Coal India Ltd (CIL) reported production of 57.57 MT in April 2023 compared to 53.47 MT in Apr 2022, representing an increase of 7.67 per cent, it added. The Ministry of Coal has paved the way for releasing additional coal in the market by greater utilisation of mining capacities of captive/private coal blocks, which has led to an increase in coal production by 17.52 per cent to 9.88 MT (provisional figure) in April 2023 compared to 8.41 MT in April 2022. The total coal despatch (supply) has registered a growth of 11.76 per cent -- from 71.99 MT in April 2022 to 80.45 MT in April 2023. This is mainly due to the initiatives t

Biden plans to stringent limits on GHG emissions on coal, gas power plants

The White House is in the final stages of reviewing a draft proposal from the Environmental Protection Agency, which would target both new and existing power plants

Coal exports: Low quality, rising power consumption may be major hurdles

Back to the issue of exports, India would need to mine surplus coal beyond its domestic needs

Asia's chip makers powered by coal and gas imperil climate goals

None of the 13 semiconductor, display and final assembly companies have climate commitments in line with the Intergovernmental Panel on Climate Change recommendations

Govt bets on carbon capture to go green, plans to unveil CCUS policy soon

Experts say this technology will help India meet its emissions goals

NTPC to build more coal plants this year to meet soaring power demand

The projects underscore how even as India sets ambitious long-term decarbonization targets, in the near term it will continue to rely on the dirtiest fossil fuel to meet rapidly growing power demand

Coal India needs to raise prices, but caught between political constraints

The state-owned miner needs to raise prices but it is caught between the political constraints on its major buyer, electricity producers and close decision-making control by the coal and power

Coal production rises by 12% to 107.84 mn tonnes in March 2023: Ministry

At the same time, coal dispatches increased by 7.49 per cent to 83.18 million tonnes from 77.38 million tonnes during March 2023 as compared to March 2022

Power generation grows at fastest pace in 33 years, fuelled by coal

Output from plants running on fossil fuels rose 11.2 per cent, the quickest growth in over three decades, thanks to a 12.4 per cent surge in electricity production from coal

State-owned CIL aims to supply 610 MT coal to power plants in FY24

State-owned Coal India Ltd (CIL) on Wednesday said it is aiming to supply 610 million tonne coal to power plants in the current fiscal. In the just concluded financial year 2022-23, the miner supplied a record 586.6 million tonne (MT) dry fuel to coal-fired power plants. "CIL supply to the power sector is pegged at 610 MT to meet the demand of coal fired plants in 2023-24. This is 23.4 MT more or 4 per cent higher than the record 586.6 MT supplied in FY23," the company said in a statement. In the wake of forecasts that a hot summer may push up coal demand, CIL said it is gearing itself to meet the requirement on the back of adequate coal stocks at its pitheads and increased production in the first quarter of FY24. In FY23, CIL surpassed its target of 700 MT for the fiscal and produced 703.20 MT of coal, 13 per cent higher from 622.63 MT in 2021-22. "With increasing production and adequate coal stock of 69 MT at our pitheads, we aim to meet the projected target with our best shot a

Getting out of fossils

Unless finances are proportionate to the need, the transition to clean energy is a tough proposition, especially in countries where energy affordability is critical

India to be coal exporter by 2025-26: Coal minister Pralhad Joshi

The ministry has also signed agreements for 29 coal mines auctioned under the sixth round of commercial coal mines auction

Coal, crude oil spike lead port cargo charge in FY23, shows govt data

Growth in bulk segments, but grey clouds hover over container cargo

Coal India has strong case to increase prices, talks on: CMD Agrawal

Miner needs to be 'adequately compensated'; stakeholders being consulted before a decision

India's power consumption rises 10% in Apr-Feb to 1,375 bn units

India's power consumption surged 10 per cent to 1375.57 billion units (BU) during April-February this fiscal year and has already surpassed the level of electricity supplied in entire 2021-22. The government data showed that power consumption in April-February 2021-22 was 1245.54 BU. In entire fiscal year 2021-22, power consumption was 1374.02 BU, which is less than 1375.57 BU recorded during April 2022 to February 2023 period. Experts say power consumption is expected to grow in double digits in the coming months in view of forecasts of unprecedented high demand, especially in summer. The power ministry has estimated peak power demand in the country at 229 GW during April this year, which is higher than 215.88 GW recorded in the same month a year ago. The ministry has taken many steps to meet high power demand and also asked state utilities to not go for power cuts or load shedding. The ministry has also asked all imported coal-based power plants to run on full capacity from Mar

Indian industries stock up on coal to avoid shortages during summer

The fear of disruptions to mine output when monsoon rains begin a couple of months later is also a factor

South Eastern Coalfields joins 150-mt coal production club in FY23

In the past three years, SECL's coal production has decreased